NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion

In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods

Broder Bros. Completes Financial Restructuring

Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…

SIA: Snow Sports Sales Dropped 4.4% in 2008-09 Season

According to SIA's recently released Retail Audit, snow sports market sales declined 4.4% in dollars and 2% in units for the 2008/09 season. This season brought in a total of $2.82 billion compared to last season’s $2.95 billion in sales. Current sea

Foot Locker Inc. Sees Better than Expected Q1 Results

Foot Locker, Inc. saw their first quarter financial results come in better than expected going into the period, but they see the external forces impacting retail remaining “quite challenging” – at least in the near term. The world’s-largest-athletic-foot

Jim Gerson Named President,Reef-Americas

Reef, which is part of VF Corp., appointed of Jim Gerson, currently vice president of Apparel at The North Face, as president of Reef-Americas. In his new role, Jim will be responsible for developing the product line and brand strategy for the Reef brand

JJB Sports Posts Steep Loss in 2008

JJB Sports posted a net loss of £167.6 million ($264.6 million) for the fiscal year ended January 25, compared with a profit of £9.6 million ($15.3 million) for the prior year. The latest year reflects a charge of £171.7 million ($273.5 million) due to st

Mizuno Fiscal Year Net Dips as Sales Decline

Mizuno reported that total consolidated net sales declined 6.9% to ¥162.0 billion ($1.62 bn) for the fiscal year ended March 31, compared to net sales of ¥174.0 billion ($1.53 bn) in the prior year. Operating income fell 63.0% to ¥2.91 billion ($29 mm) i

Golfsmith Acquires Rights to MacGregor Golf

Golfsmith International Holdings, Inc. has acquired full intellectual property rights to the MacGregor Golf brand throughout North and South America, Europe, Australia/New Zealand and Africa. New MacGregor products will be available as soon as Holiday 200

Sports, Inc. Industry Grants Total $430,000

Since 1997, Sports, Inc. has invested $430,000 through its membership across the United States to fund sports related facilities and programs. The funding program, which is called the “Sporting Chance Award”, is given each year to two the Sports, Inc. me

Foot Locker Opens First CCS Store

Foot Locker opened its first CCS store in the first quarter in Santa Monica, CA. A second store will open at Garden State Plaza mall in Paramus, N.J., on June 5. Speaking last week at Foot Locker's annual meeting, Matt Serra, the company's chai